...public-spirited man : " No student of the railroad problem can doubt that a most prolific source of financial disaster and complication to railroads in...investing public, and, finally, to the general public, cannot be corrected after the transaction has taken place ; it can be easily and effectively prohibited."...

...of national application. No student of the railroad problem can doubt that a most prolific source of financial disaster and complication to railroads in...desire and ability of railroad managers to engage in interprlses outside the legitimate operation of their railroads, especially by the acquisition of other...

...recommendations, saying: "No student of the railroad problem can doubt that a most prolific source of financial disaster and complication to railroads in...investing public, and, finally, to the general public, cannot be corrected after the transaction has taken place; it can be easily and effectively prohibited....

...development of that railroad. New England Investigation, 27 ICC 560, 616. (p) A most prolific source of financial disaster and complication to railroads in...acquisition of other railroads and their securities. New England Investigation, 27 ICC 560, 616. (q) No stocks or bonds should be issued by an interstate...

...recommendations as follows: No stndent of the railroad problem can doubt that a most prolific source of financial disaster and complication to railroads in...especially by the acquisition of other railroads and securities. The evil which results, first, to the investing public, and finally to the general public,...

...recommendations, saying: "No student of the railroad problem can doubt that a most prolific source of financial disaster and complication to railroads in...the past has been the desire and ability of railroad man— »-<. agers to engage in enterprises outside the legiti/ mate operation of their railroads,...

...system of New England, said, "No student of the railway problem can doubt that a most prolific source of financial disaster and complication to railroads in...outside the legitimate operation of their railroads." The Commission recommended, therefore, that "every interstate railroad should be prohibited from expending...

...ills. The commission said: No student of the rnllroml problem can doubt that a most prolific- source of financial disaster and complication to railroads in...outside the legitimate operation of their railroads — There we have another cause of impaired financial credit — especially by the acquisition of other...

...doubt that a most prolific source of financial disaster and complication to railroads in the past lias been the desire and ability of railroad managers to engage in enterprises outside the legitimate ration of their railroads — There we have another cause of impaired financial credit — especially...

...of national application. No student of the railroad problem can doubt that a most prolific source of financial disaster and complication to railroads in...has taken place; it can be easily and effectively prohibiled. In our opinion the following propositions lie at the foundation of all adequate regulation...